debit card numbers that working on paypal

You can only use the debit card or credit card for payment.

It is exclusively used for cross border online financial transaction.You cannot use your PayPal balance for any other purpose such as transfer of money within the country or local online shopping.It only acts as a facilitator of online payment, not as a repository or custodian of buyer’s charges.The transfer of the Balance into your bank account is to take place immediately upon receipt of the Buyer’s confirmation and in any event no later than 7 days of transfer by PayPal to the authorised dealer bank.The value of the product or service in no event can exceed USD 10,000 per transaction.Thus, PayPal has to take down some of its services in India. Moreover, RBI has always been strict on the terms and conditions and has imposed many unpopular regulations on the use of PayPal in the past. But it often gets overbearing with its rules.Ĭonsidering some potential security issues, RBI introduced certain guidelines due to which PayPal could not operate as smoothly in India as it could internationally. RBI, being the apex authority of India’s monetary affairs works with the best intention to maintain the existing security protocol of online payment mechanism. How to Create PayPal Account with Debit card in India? Step by Step with images.Why Indian Debit Cards are Denied in international Payments?.

What Kind Of Indian Debit Card Does PayPal Accepts?.How Indian Debit/Credit Cards Work in Online Payment Mechanism?.Using PayPal in India: PayPal India Rules & Regulations.If you’re only interested in the steps required to create a PayPal account, feel free to skip to #8 in the list given below. Hence, this is going to be a lengthy post for you. Therefore, I’ve mentioned all vital aspects of PayPal sign-up process. While anybody with a debit/credit card and a PAN number can open a PayPal account, they may not enjoy the same privilege as PayPal users in other countries.

Debit card numbers that working on paypal